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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 95,829,000 $ 217,431,000
Short-term investments 91,722,000 0
Prepaid expenses and other current assets 4,266,000 2,133,000
Total current assets 191,817,000 219,564,000
Property and equipment, net 32,697,000 37,002,000
Right-of-use assets 5,028,000 5,897,000
Restricted cash 1,274,000 1,274,000
Total assets 230,816,000 263,737,000
Current liabilities:    
Accounts payable 3,522,000 4,722,000
Accrued expenses and other liabilities 10,016,000 9,803,000
Operating lease liabilities 1,959,000 2,501,000
Deferred revenue 3,208,000 5,632,000
Total current liabilities 18,705,000 22,658,000
Non-current liabilities:    
Operating lease liabilities, net of current portion 11,582,000 12,941,000
Deferred revenue, net of current portion 1,958,000 32,143,000
Total liabilities 32,245,000 67,742,000
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 10,000,000 shares authorized; no shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively
Common stock, $0.0001 par value; 200,000,000 shares authorized; 57,150,274 and 50,268,666 shares issued as of September 30, 2021 and December 31, 2020, respectively; and 57,149,978 and 50,265,575 shares outstanding as of September 30, 2021 and December 31, 2020, respectively 6,000 5,000
Additional paid-in capital 589,119,000 524,358,000
Accumulated other comprehensive loss (5,000) 0
Accumulated deficit (390,549,000) (328,368,000)
Total stockholders’ equity 198,571,000 195,995,000
Total liabilities and stockholders' equity $ 230,816,000 $ 263,737,000